Closing a Company - 001 Formation Agent

Closing a Company ##PAGE_H1#

So you want to close down your company? In other words you want to strike off your company from the register and have it dissolved.

There are a number of reasons people may wish to strike off their company. Perhaps the timing wasn’t quite right and the company has been dormant for some time; or things may have gone a little sour with a business partner; or the directors may have decided to hang up their boots and retire and there is no one to take over from them. Whatever the reason, this is something we can help with. However there are a few key criteria that your company has to meet if you wish to opt for voluntary striking off:

It is serious offence to attempt to close down your company if any of the above conditions applies. This offence carries a maximum penalty of £5,000.

Next Steps

Once you are happy that your company complies with all of the above conditions, the next steps are as follows: